SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CYRIX / NSM
NSM 18.270.0%Jul 31 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry Loeb who wrote (27240)6/9/1998 4:04:00 PM
From: Frank  Read Replies (1) of 33344
 
Bill Lowe, who really didn't believe in the future of the PC,
named Estridge to head up the project. Estridge was a second line
programming manager who was being 'punished' for something or other,
but was a good enough organizer to actually line up all the
dependencies, design and build the original PC on a very compressed
schedule. He got Lowe to authorize a special employee discount,
another first for the group, because Lowe didn't believe they would
recoupe development costs through sales alone, which were slated
to be 25k units.

Well, the PC was so succesful that they had to promote Estridge
along with the growth of the market. He was about the only original
design team member that got any real bucks out of the deal, most
of the rest of the team leaving the company in dissapointment over
the lack of rewards.

Estrige rode it up to Division President when an L1011 landing at
DFW got dirt over the windshield instead of concrete under the
wheels. He left a winner. Ironically, he was not a great manager,
and an audit found massive inventory problems which probably would
have caused his removal from the presidency had he not met his
demise. His family settled with the airline for big bucks, it
was later reported, based on loss of future income, etc.

Frank
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext